The sugar confectionery market in Croatia has seen a steady increase in value, reaching 64.369 million Euros in 2023. Over the decade from 2013 to 2023, the market demonstrated consistent growth, except for a slight slowdown during the pandemic in 2020. The average annual growth rate over the last five years was 2.77%. In the last two years, the market saw a less pronounced growth with year-on-year increases of 2.36% in 2022 and 2.26% in 2023.
Future trends to watch for include:
- Potential shifts towards healthier alternatives in sugar confectionery.
- Growth in premium segments driven by consumer preferences for high-quality products.
- Impact of regulatory changes on sugar content and labeling which may influence market dynamics.
How does Croatia rank in Sugar Confectionery Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,907,600,000 | 2023 | +0.91% | +2.04% | View data |
| 2 | 2 Germany | 1,812,100,000 | 2023 | -1.35% | -4.45% | View data |
| 3 | 3 Italy | 1,389,600,000 | 2023 | -0.29% | -0.4% | View data |
| 4 | 4 France | 1,201,900,000 | 2023 | -1.53% | -1.28% | View data |
| 5 | 5 Spain | 972,420,000 | 2023 | +1.47% | +0.93% | View data |
| 12 | 12 Portugal | 154,120,000 | 2023 | +3.58% | +1.43% | View data |
| 13 | 13 Greece | 129,290,000 | 2023 | +0.84% | -0.42% | View data |
| 14 | 14 Croatia | 64,369,000 | 2023 | +2.26% | +2.77% | |
| 15 | 15 Lithuania | 52,944,000 | 2023 | +3.29% | +3.68% | View data |
| 16 | 16 Estonia | 40,566,000 | 2023 | +3.39% | +3.39% | View data |